Eurozone industrial production declined at the fastest pace in nearly one-and-and-a-half years in March, largely led by a slump in the capital goods output, and suggested that a downward revision to the first quarter economic growth was likely.
Industrial production logged negative monthly growth of 4.1 percent in March, reversing a 1.56 percent gain in February, preliminary data from Eurostat showed on Monday. That was above the 2.5 percent fall economists had expected.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.